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Stock Call Revisited: PFE

August 8, 2008 8:25 PM

piggybank2.jpgI said on 07/29 that “if the Dow low was going to hold, PFE should not trade much below $18″. Unfortunately it only hit a low of $18.34 that day as one of my brothers placed a buy at $18 per my opinion. Market was ahead of my game, apparently. It is about 8% higher since, better than a “Cramer stick in the eye”.

I wonder if Cramer has made any comments on AEM and gold now that AEM is $47.32 with no sign of a low anywhere to be found? If you recall, I have mentioned MANY times on here he was blowing his bull horn on AEM the day AFTER it hit it’s high and I said SHORT. Those poor listeners, if still holding that crap, are down about 45%. Nice call.

If I am ever down 45% on ANY of my calls, I will shut this site down, and never look at the market ever again in my life. Period. Then again, that will never happen as I have numbers to go along with my madness - he doesn’t.

With all that said, be careful chasing PFE higher here (same as the market). Wait for a pullback to be long, if not already.

Written by Tom@StockBlade.com · Filed Under Stock Comments 

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